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At a sales level of $83,000, Blue Company's contribution margin is $31,000. If the degree of operating leverage is 4 at a $83,000 sales level,

At a sales level of $83,000, Blue Company's contribution margin is $31,000. If the degree of operating leverage is 4 at a $83,000 sales level, net operating income must equal:

$7,750

$13,000

$20,750

$23,250

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